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How I turned $38,673 into $1,129,030 in Fourteen Weeks by Spread-Betting Crude Oil!
This Book covers fourteen weeks from 23 November 2018 to 4 March 2019 when I transformed $38,673 into $1,129,030 by Spread Betting, CRUDE OIL, taking advantage of the maximum Leverage offered by the Brokerage firm I selected. The success rate of 92.6% of my Trades being profitable and only 7.4% resulting in losses by the number of Trades and 94.3% profitable with 5.7% losses by the monetary value of the Trades – all using Leverage of 4% - 1:25! This result places me in the uppermost category of Oil Traders even though I never, before this experience, Traded on Stocks, Currencies or Commodities or dealt with a Brokerage firm. As stated earlier, my initial investment of $38,673 turned into $1,129,030 for the period from 23 November 2018 to 04 March 2019 - in total, 70 business days or 14 weeks from kick-off. However, the pivotal Trading period started on 08 February and lasted 18 business days as this Book will demonstrate. I want everyone who has the courage and passion for achieving something remarkable in life to know that IT IS POSSIBLE AND CAN BE DONE. This book sets out in detail how I achieved the extraordinary. However, I do not wish any reader to suffer financially by doing what I have done creatively and ultimately successfully. Accordingly, I issue a STRONG WARNING THAT ALTHOUGH I ATTAINED SOMETHING EXTRAORDINARY THE ODDS ARE THAT MOST PEOPLE FAIL IN SPREAD BETTING. Spread Betting is a form of derivatives Trading that allows the Trader to take a position on whether he thinks a Market will rise or fall, without having to buy the underlying asset. Importantly, Spread Betting is a leveraged product, which means the Trader only puts down a small deposit for much larger Market exposure. For clarification, a Day-Trader is a Speculator in Securities, explicitly buying and selling financial instruments within the same Trading day, such that positions are Closed before the market Closes for the Trading day. Traders who Trade in this capacity with the motive of profit are therefore Speculators, in contrast with th
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